{"id":54084,"date":"2016-08-18T16:11:16","date_gmt":"2016-08-18T16:11:16","guid":{"rendered":"https:\/\/www.pcmatic.com\/blog\/?p=54084"},"modified":"2016-08-18T16:11:16","modified_gmt":"2016-08-18T16:11:16","slug":"cyber-crime-costs-exceed-2-1-trillion","status":"publish","type":"post","link":"https:\/\/www.pcmatic.com\/blog\/cyber-crime-costs-exceed-2-1-trillion\/","title":{"rendered":"Cyber Crime Costs Projected to Exceed $2.1 Trillion"},"content":{"rendered":"

The financial impact of cyber crime is projected to quadruple by 2019…<\/h4>\n

<\/p>\n

Cyber crime continues to be a popular format for criminal activity.\u00a0 Not only because of the difficulty to trace the perpetrator, but also because it’s quite lucrative.\u00a0 In 2013 Wall Street Journal projected the cost of cyber crime to exceed $100 million.\u00a0 By 2015, that number rose to $400 million.\u00a0 Now, according to Juniper<\/a>, the global financial impact for cyber criminal activity will exceed $2.1 trillion by 2019.<\/p>\n

When thinking about these numbers, keep two things in mind.\u00a0 First, the total amount includes not only the cost of the crime, but also the cost associated with remediation and disaster recovery.\u00a0 Also, not all breaches and malware attacks are reported.\u00a0 Therefore, this projection is based upon the trends for the attacks that have been disclosed.\u00a0 Imagine if it encompassed every single attack that occurred.<\/p>\n

Forbes <\/a>reported all businesses are at risk.\u00a0 Although we hear the most about major businesses and institutions that fall victim to malware and breaches, it is reported 20% of small and medium business are also targeted.<\/p>\n

PC Matic Pro<\/a>\u00a0encourages business, of all sizes, to be proactive with their cyber security protection.\u00a0 There are multiple ways to enhance your security protection.\u00a0 First, ensure all applications, operating systems and your security software are all up to date.\u00a0 Updates typically patch security vulnerabilities, so leaving systems outdated may leave an open door for cyber criminals.\u00a0 Second, implement a security software that utilizes application whitelisting technology<\/a>.\u00a0 Whitelisting technology blocks all unwanted and unsafe programs from executing.\u00a0 Lastly, educate yourself and your employees.\u00a0 Knowing what red flags to look for, will help yourself and your staff identify malicious attacks and prevent falling victim.<\/p>\n","protected":false},"excerpt":{"rendered":"

The financial impact of cyber crime is projected to quadruple by 2019…<\/p>\n","protected":false},"author":54,"featured_media":53050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4993,4987],"tags":[5029],"class_list":["post-54084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pc-matic-pro-channel","category-spiceworks","tag-cyber-crime"],"yoast_head":"\nCyber Crime Costs Projected to Exceed $2.1 Trillion<\/title>\n<meta name=\"description\" content=\"The numbers are in, and research suggests the financial impact of cyber crime will quadruple between 2015 to 2019. 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